Record each transaction. 2. Post each transaction to T-accounts and calculate the ending balance for each account. At the beginning of September, the company had the following account balances: Cash, $40,600; Accounts Receivable, $1,150; Supplies, $390; Equipment, $6,300; Accounts Payable, $1,050; Common Stock, $19,500; Retained Earnings, $27,890. All other accounts had a beginning balance of zero. 3. Prepare a trial balance